Word: dollars
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Dates: during 1940-1949
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Though many an American hoped that the loan would help France's Government in its struggle with the Communists, the French Government itself was playing down that line to avoid cries of "dollar diplomacy." Plain Frenchmen regard the Bank's credit as a U.S. loan. Said a middle-class Paris housewife, when asked how she felt about American aid to France: "The Communists say we are getting closer to the Americans because that persuades the Americans to help us. But what is so disgraceful about that? Isn't that what you do in business every...
...house lights come up, and above the hubbub in the aisles one can hear a spectral voice pronounced in awe-filled tones, "The overture...Duel in the Sun..." And thus begins David O. Selznick's nine-million dollar horse opera. Of this pile of cash a very substantial share has been invested in what has been perhaps the most immense hoopla campaign since Thomas A. Edison invented the motion picture. Such an unparalelled barrage of publicity has been such a long stretch of time that quite a sizable fraction of the population already is intent upon seeing the picture...
Needed: A Canal. But Jewell and his fellow citizens won't be satisfied till New Orleans rivals New York, to which it is now a poor second in dollar volume, fourth in tonnage. They argue that its loading facilities are the most efficient in the land; ships can dock without tugs and a ton of freight can be loaded for $1.03, compared to $1.66 in New York...
Like most U.S. business, War Assets Administration had a whopping first quarter. WAA sold surplus goods with a face value of $2.3 billion for $668,314,000, about 30? on the dollar. But unlike other merchandising organizations, WAA has found that its market is fast disappearing. It has already skimmed the cream. Last week WAA Boss Robert McGowan Little-John reported that WAA still has $13 billion of unsold surpluses on hand. But he did not think much of this could be sold. His chances of selling much of what's left seem so poor that he plans...
...Irving Fisher, 80, bearded Yale professor of political economy and prolific writer on economics; in Manhattan. A tireless theorist on such varied subjects as health, education, prohibition, and the mastication of food, he spent $100,000 (partly from his invention of the rotary filing system) campaigning to standardize the dollar and to force banks to keep a 100% cash balance for all funds liable to transfer by check...